Making people successful in a changing world - Annual Report 2012

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Adecco’s Global Advantage:People, Bricks and ClicksThe 30,000 employees of Adecco Group, operating from almost6,000 offices in 58 countries, harness state-of-the-art technologyand the broadest range of Staffing, Human Resources and Businessservices available, to help make hundreds of thousands of Clientsand around four million Temporary Associates successful each year.Adecco SA is a Forbes Global 500 company and the worldwideindustry leader. Adecco is No.1 or No. 2 in 12 of the world’s top 13staffing markets that account for 97% of industry revenues.The Group comprises three Divisions:The Adecco Staffing Division focuses on flexible staffing solutionsfor global industries, including such sectors as automotive, banking,electronics, logistics and telecommunications;Ajilon Staffing & Managed Services Division brings together anunrivalled range of specialized professional staffing and managedservices businesses;Career Services & e-Business Division includes our portfolio ofe-recruiting, executive search and outplacement businesses.
Table of ContentsFinancial Review 4Selected Financial Information 7Consolidated Financial Statements 8Notes to the Consolidated Financial Statements 12Report of the Group Auditors 25Adecco SA Financial Statements 26Report of the Statutory Auditors 30Investor Information 33
Page 1 and 2: ANNUAL REPORT 2001Operational Revie
Page 3 and 4: Table of ContentsAdecco at a Glance
Page 5 and 6: RevenuesProfitsGeographical Distrib
Page 7 and 8: Klaus J. JacobsChairmanPhilippe For
Page 9: For all those people seeking to fin
Page 12 and 13: Strong management delivers resultsR
Page 15 and 16: Adecco: 30,000 entrepreneursseizing
Page 17 and 18: Patrick DeMaeseneire, AjilonStaffin
Page 19 and 20: Social change and the fitness of th
Page 21 and 22: The Agenda for ChangeLength of Assi
Page 23 and 24: Drivers inTechnologyPeople, Bricks
Page 25 and 26: And to ensure that all Adecco and s
Page 27 and 28: Hewlett Packard in South Korea -Mob
Page 29 and 30: Adecco Learning CentresAdecco UK op
Page 31 and 32: Drivers inEmerging MarketsThe appet
Page 33 and 34: Ajilon Staffing &Adecco Staffing Di
Page 35 and 36: Directors, Management and AuditorsB
Page 37: ANNUAL REPORT 2001Financial ReviewM
Page 41 and 42: Financial reviewIn millions, except
Page 43 and 44: Selected Financial Information - Un
Page 45 and 46: Consolidated Statements of Operatio
Page 47 and 48: Consolidated Statements of Changes
Page 49 and 50: Notes to Consolidated Financial Sta
Page 61 and 62: Report of the Group Auditors to the
Page 63 and 64: Statements of Operations (Holding C
Page 65 and 66: Notes to Financial Statements (Hold
Page 67 and 68: Major Consolidated SubsidiariesGrou
Page 69 and 70: Investor InformationStock Price Per
Page 71 and 72: Directors, Management and AuditorsB

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